OverviewSuggest Edit

Central Pacific Financial Corporation is a bank holding company, whose primary subsidiary is Central Pacific Bank. The Bank's business segments are defined as Retail Banking, Wholesale Banking, Treasury and All Others. Retail Banking is made up of retail deposits, mortgage banking, and consumer lending activities. Wholesale Banking consists of wholesale deposits, commercial real estate lending, corporate lending and the specialized lending functions of the Bank. The Treasury segment is responsible for managing its investment securities portfolio and borrowing. The All Other segment provides the administrative support for the operations.

TypePublic
Founded1954
HQHonolulu, US
Websitecentralpacificbank.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Nov 2018)766(+3%)
Job Openings51
Revenue (FY, 2016)$209.5 M(+10%)
Share Price (Mar 2019)$28.7

Key People/Management at Central Pacific Financial

Paul K. Yonamine

Paul K. Yonamine

Chairman & CEO, CPF; Executive Chairman, CPB
Blenn A. Fujimoto

Blenn A. Fujimoto

EVP
David William Hudson

David William Hudson

EVP
Arnold D. Martines

Arnold D. Martines

EVP
David S. Morimoto

David S. Morimoto

Executive Vice President, Chief Financial Officer
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Central Pacific Financial Office Locations

Central Pacific Financial has an office in Honolulu
Honolulu, US (HQ)
220 S King St
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Central Pacific Financial Financials and Metrics

Central Pacific Financial Revenue

Central Pacific Financial's revenue was reported to be $209.46 m in FY, 2016 which is a 9.8% increase from the previous period.
USD

Net income (FY, 2018)

59.5m

EBIT (FY, 2018)

173.0m

Market capitalization (15-Mar-2019)

827.3m

Closing stock price (15-Mar-2019)

28.7
Central Pacific Financial's current market capitalization is $827.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

140.3m191.0m190.8m209.5m

Revenue growth, %

36%0%10%

Cost of goods sold

6.5m9.2m14.9m25.3m

Gross profit

184.3m200.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cost of goods sold

1.6m1.6m2.0m2.3m2.3m3.0m3.5m4.0m5.0m5.8m6.8m

Sales and marketing expense

449.0k502.0k634.0k433.0k772.0k392.0k390.0k626.0k612.0k617.0k612.0k

Operating expense total

15.2m17.2m16.9m17.9m17.5m17.4m18.0m626.0k612.0k617.0k612.0k

Depreciation and amortization

668.0k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

45.1m72.3m71.8m75.3m

Accounts Receivable

14.1m13.6m14.9m30.7m

Inventories

PP&E

49.0m49.2m49.2m48.3m48.3m45.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

59.4m85.3m83.5m76.0m74.7m66.7m69.6m85.5m76.5m79.6m83.7m86.0m90.1m59.9m75.5m82.7m

PP&E

48.2m48.0m48.7m49.1m48.8m47.7m47.8m48.3m48.4m48.2m48.3m49.3m48.3m47.4m47.0m46.2m

Total Assets

4.7b4.8b4.7b4.8b5.0b5.0b5.0b5.2b5.3b5.3b5.4b5.5b5.6b5.7b5.7b5.7b

Accounts Payable

3.9b4.0b4.0b4.0b4.2b4.2b4.2b4.5b4.4b4.5b4.8b4.9b4.9b5.0b5.0b5.0b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

172.1m40.5m45.9m47.0m41.2m59.5m

Depreciation and Amortization

6.0m5.8m5.9m6.0m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

161.8m9.8m19.0m27.2m10.4m22.7m34.9m11.2m23.3m34.8m13.1m25.1m36.9m14.3m28.5m43.7m

Depreciation and Amortization

4.5m1.5m2.9m4.4m1.5m3.0m4.4m1.5m3.0m4.5m1.5m3.2m4.8m1.6m3.2m

Cash From Operating Activities

69.7m19.0m35.6m62.5m15.7m27.6m61.9m24.2m50.7m69.0m45.2m58.2m76.6m29.3m49.7m78.2m

Cash From Investing Activities

(388.5m)(48.4m)50.3m13.5m(113.4m)(125.6m)(195.9m)(102.7m)(149.8m)(184.8m)(70.3m)(123.5m)(199.7m)(78.2m)(90.3m)(148.3m)
USDY, 2018

Financial Leverage

11.8 x
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Central Pacific Financial Operating Metrics

Central Pacific Financial's Total Loans was reported to be $3.6b in Q2, 2017.
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Central Pacific Financial News and Updates

Central Pacific Financial Corp. Reports Earnings Of $15.8 Million For The Fourth Quarter And $59.5 Million For The 2018 Year

HONOLULU, Jan. 30, 2019 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), (the "Company"), today reported net income in the fourth quarter of 2018 of $15.8 million, or diluted earnings per share ("EPS") of $0.54, compared to net income in the fourth quarter of 2017 of $4.3...

Central Pacific Financial Corp. Announces Conference Call To Discuss Fourth Quarter 2018 Financial Results

HONOLULU, Jan. 16, 2019 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its fourth quarter 2018 earnings on January 30, 2019, before the open of the New York Stock Exchange. Management will review the results by conference...
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Central Pacific Financial Frequently Asked Questions

  • When was Central Pacific Financial founded?

    Central Pacific Financial was founded in 1954.

  • Who are Central Pacific Financial key executives?

    Central Pacific Financial's key executives are Paul K. Yonamine, Blenn A. Fujimoto and David William Hudson.

  • How many employees does Central Pacific Financial have?

    Central Pacific Financial has 766 employees.

  • Who are Central Pacific Financial competitors?

    Competitors of Central Pacific Financial include Sydbank, eWise and Atlantic Capital Bancshares.

  • Where is Central Pacific Financial headquarters?

    Central Pacific Financial headquarters is located at 220 S King St, Honolulu.

  • Where are Central Pacific Financial offices?

    Central Pacific Financial has an office in Honolulu.

  • How many offices does Central Pacific Financial have?

    Central Pacific Financial has 1 office.